Sending Money to India

Most people send money to India from foreign shores for several reasons.

No matter what the reason, or the amount of Indian Rupee being transferred, you are required to select a suitable method of money transfers to India.

Types of Money Transfer

Sending Money to India

Ways for Sending Money to India

The Rupee is the name of the money used in India. The most popular India Rupee exchange rate is the INR to EUR rate. Below, you will find Indian Rupee rates to all the major currencies world wide and a currency exchange converter. While someone might send money to India for a relative who lives or works there, someone else may transfer Indian Rupee for a cross-border business related payment.

When sending money to India from a foreign country, you get to choose from different money transfer methods. These may vary depending on where you live and the money transfer service provider you select.

Cash transfer: If you do not wish to part with your bank account details, or if you are in a hurry to send the money to India, you may consider using the services of companies that operate out of physical locations or have agent networks. Some of your options include WorldRemit, Azimo, Ria, Western Union, and MoneyGram.

Electronic Money Transfers: This method gives you easy means to send international payments directly into someone’s bank account. While several banks carry out international money transfers, you might be better off turning to a specialist money transfer company. Some of the money transfer companies who specialize in electronic money transfers include TransferWise, WorldFirst, OFX, TorFX, HiFX, and CurrencyFair.

Bank Money Drafts: You may send money through international bank drafts. However, while this is a secure medium to send money, it can take weeks before the person you are sending the money to get access to the transferred money. The main benefit of this method is you do not have to provide the receiver your bank account details.

Sending Money with Email Address: Another way to send money to India without using the receiver’s bank account details is to use the services of companies that let you send money to India using no more than receiver’s email address. The money you send sits in an online account with the service provider you select, and you may transfer it to your local bank account as and when you like. PayPal offers this service, as does TransferWise.

What is the exchange rate for Rupee to Canadian Dollar?

Foreign exchange rates are often changing and in most cases by the minute.

It’s wise to ask for the the current currency exchange rate for Canadian Dollar to Indian Rupee before buying the Rupee you need for your next trip at Canadian Dollar to Rupee Exchange Rate Today.

What is the exchange rate for Rupee to South African Rand?

Foreign exchange rates are often changing and in most days minute by minute.

It’s wise to check out the latest currency exchange rate for South African Rand to Indian Rupee before buying the Rupee you require for your next trip from South African Rand to Rupee Exchange Rate Today.